IBC Bank reviews

Pay is below industry standard for most positions. This is especially true on the retail bank side. You pay for your benefits. While they set aside money for your retirement. You have no say on how it is invested. It is put into a plan that is very low risk and low return. While this is great for some....not everyone benefits as younger people need to build stronger return while they are young. Most people need returns of more than 2% in order to retire. CEO is very old fashioned. You will have a required Christmas party every year for your yearly bonus. At which time you will be berated like a high school teenager. He will go on and on about your shortcomings letting you know you should be grateful for your job and here is a bonus what we might not do again. I never heard the one positive thing come out of the CEOs mouth. Instead we would be told we are ungrateful for what is provided and premadonnas. Never mind the fact that starting pay will not pay for an apartment in any major metro area. Since they underpaying throughout the corporation, high turnover exist. People in all areas get there experience and move on so your manager will constantly be hiring to try to backfill positions. You will constantly be behind the curve as the CEO most approve all job openings and all raises so it would sometimes take 6 months after a promotion before a raise was realized. The motto is "we do more" they will chant this at meetings. Somewhat cult like as they expect you here and buy into the culture and sacrifice family time to do it. No PTO. You get two weeks vacation and then sick time. Sick time can roll over but vacation does not. You either use or lose. During Covid I saw a girl cry because she was having a problem finding child care. They advice of HR and upper management was they would allow her to use her sick days. One girl had to quit because of this arrangement. No work from home. You must come into work even during Covid. No accommodations were made until there was a large group of people calling the health department and raising so much of a fuss they had to take notice. Our first email during Covid from CEO was to not call in sick as your just pushing your work onto someone else.

They care about numbers, not customers. They have had numberless issues with leadership at this bank, and they have had 15 years to fix it. They continue to fail. Everyone here, is just trying to get out. Get the experience they need, and leave. It's that miserable. You can make more working part time at Walmart.